New penalty system for Algerian telcos under 2015 Financial Act

16 Oct 2014

Telecoms operators in Algeria may be subject to a new system of financial penalties in 2015, should a draft Financial Act be approved by the National People’s Congress (NPC), Agence Ecofin reports. The proposed amendment notes that financial penalties must be in line with the severity of the violations committed. The new approach seeks to introduce more transparency in terms of the application of penalties against offenders.